Goldman Sachs Rising Dividend Growth Fund (GSRAX)
The Goldman Sachs Rising Dividend Growth Fund (GSRAX) is an actively managed mutual fund that seeks to provide long-term capital appreciation and income by investing in a portfolio of dividend-paying stocks of companies in the United States. GSRAX's investment strategy focuses on investing in high-quality companies with a history of paying and increasing their dividends over time. The fund typically invests in large-cap companies with a market capitalization greater than $5 billion, although it may also invest in mid-cap companies in certain circumstances.
Fund Info
US38145C3152
38145C315
Mar 23, 2004
$1,000
Large-Cap
Blend
Expense Ratio
GSRAX has a high expense ratio of 1.03%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Goldman Sachs Rising Dividend Growth Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Goldman Sachs Rising Dividend Growth Fund had a return of 5.39% year-to-date (YTD) and 3.17% in the last 12 months. Over the past 10 years, Goldman Sachs Rising Dividend Growth Fund had an annualized return of -3.92%, while the S&P 500 had an annualized return of 11.31%, indicating that Goldman Sachs Rising Dividend Growth Fund did not perform as well as the benchmark.
GSRAX
5.39%
2.09%
-6.90%
3.17%
4.58%
-3.92%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of GSRAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 4.22% | 5.39% | |||||||||||
| 2024 | 0.09% | 4.24% | 3.58% | -4.44% | 3.61% | 1.93% | 3.11% | 1.43% | 1.56% | -3.17% | 6.30% | -16.09% | 0.06% |
| 2023 | 6.50% | -2.83% | 0.35% | 0.92% | -3.36% | 7.10% | 3.57% | -2.24% | -4.31% | -2.32% | 8.84% | -0.98% | 10.62% |
| 2022 | -3.75% | -1.43% | 2.72% | -5.75% | 1.92% | -8.32% | 9.53% | -2.38% | -8.88% | 10.01% | 6.23% | -15.03% | -16.97% |
| 2021 | 0.72% | 4.19% | 5.46% | 5.22% | 1.94% | 1.57% | 1.43% | 1.63% | -2.76% | 5.40% | -2.02% | -3.50% | 20.42% |
| 2020 | -2.05% | -9.03% | -18.06% | 13.46% | 7.34% | 0.60% | 3.90% | 3.75% | -2.94% | -0.61% | 13.37% | 2.74% | 8.35% |
| 2019 | 8.75% | 3.16% | 0.55% | 4.38% | -6.17% | 6.65% | 1.71% | -1.85% | 1.78% | -0.71% | 2.59% | -5.76% | 14.93% |
| 2018 | 4.75% | -5.21% | -1.31% | 0.52% | 2.37% | 0.10% | 3.38% | 3.22% | 0.39% | -6.99% | 2.56% | -52.14% | -50.64% |
| 2017 | 2.19% | 2.81% | -0.32% | 1.21% | -0.14% | -0.49% | 1.59% | -1.10% | 3.52% | 1.53% | 3.68% | -15.07% | -2.07% |
| 2016 | -4.83% | -0.42% | 6.06% | 1.30% | 0.69% | 0.76% | 2.14% | -0.62% | -1.29% | -4.24% | 4.27% | 0.50% | 3.87% |
| 2015 | -3.39% | 5.44% | -0.93% | 0.51% | 0.92% | -2.46% | 0.89% | -4.87% | -5.12% | 6.54% | -0.82% | -2.05% | -5.90% |
| 2014 | -3.21% | 4.87% | 0.64% | 0.30% | 2.12% | 3.08% | -2.55% | 4.74% | -1.00% | 1.43% | 1.88% | -0.42% | 12.17% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GSRAX is 9, meaning it’s performing worse than 91% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Goldman Sachs Rising Dividend Growth Fund (GSRAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Goldman Sachs Rising Dividend Growth Fund provided a 1.63% dividend yield over the last twelve months, with an annual payout of $0.19 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.19 | $0.19 | $0.41 | $0.25 | $0.34 | $0.45 | $0.29 | $0.35 | $0.36 | $0.29 | $0.19 | $0.14 |
Dividend yield | 1.63% | 1.71% | 3.60% | 2.38% | 2.60% | 4.01% | 2.72% | 3.69% | 1.81% | 1.41% | 0.92% | 0.63% |
Monthly Dividends
The table displays the monthly dividend distributions for Goldman Sachs Rising Dividend Growth Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.19 |
| 2023 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.03 | $0.41 |
| 2022 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.10 | $0.25 |
| 2021 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.04 | $0.34 |
| 2020 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.27 | $0.45 |
| 2019 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.29 |
| 2018 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.00 | $0.35 |
| 2017 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.06 | $0.36 |
| 2016 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.05 | $0.29 |
| 2015 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.02 | $0.19 |
| 2014 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.14 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Goldman Sachs Rising Dividend Growth Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Goldman Sachs Rising Dividend Growth Fund was 69.73%, occurring on Mar 23, 2020. The portfolio has not yet recovered.
The current Goldman Sachs Rising Dividend Growth Fund drawdown is 39.14%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -69.73% | Dec 11, 2017 | 573 | Mar 23, 2020 | — | — | — |
| -20% | May 19, 2015 | 186 | Feb 11, 2016 | 258 | Feb 21, 2017 | 444 |
| -8.32% | Sep 19, 2014 | 17 | Oct 13, 2014 | 18 | Nov 6, 2014 | 35 |
| -8.27% | May 3, 2012 | 22 | Jun 4, 2012 | 52 | Aug 17, 2012 | 74 |
| -6.28% | May 22, 2013 | 23 | Jun 24, 2013 | 13 | Jul 12, 2013 | 36 |
Volatility
Volatility Chart
The current Goldman Sachs Rising Dividend Growth Fund volatility is 3.18%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.